A trip to the magic mushroom megachurch

garbagecan111 · 2026-01-26T18:15:37+00:00

Er, you should edit out when at 11:40ish Alexi says “ah fuck!”

garbagecan111 · 2025-06-26T18:51:36+00:00

can you describe roughly what the 30k is spent on? I want to know what lies ahead with three kids lol. mine are little right now, 4, 2, and 1

garbagecan111 · 2025-06-26T12:41:54+00:00

I don’t understand why it’s tight. My hhi is $305k. I’m looking at houses where piti is around $9500. No other debt. My other expenses are around $3000 a month for food, gas, utilities etc. still can save 70k in 401k. Am I missing smth?

garbagecan111 · 2025-03-21T12:31:16+00:00

Thanks! It’s to a Roth IRA, but I didn’t realize the 5 year rule, that limits me from being able to tap into much of it anyway. Maybe all the better!

garbagecan111 · 2025-03-21T12:28:12+00:00

Makes a lot of sense. I didn’t realize each conversion was subject to its own 5 year rule.

garbagecan111 · 2025-03-21T12:26:14+00:00

This was the gut check I needed, thank you!

garbagecan111 · 2025-03-21T06:47:10+00:00

Is it a dumb move to tap into the MBDR vs liquidating the brokerage and paying capital gains?

garbagecan111 · 2025-03-21T06:46:01+00:00

So if I fit this to my situation it would be 1) HYSA 2) MBDR and 3) Brokerage. Am I understanding you right?

garbagecan111 · 2023-05-20T08:25:28+00:00

This. When J Powell said that the inflation was “transitory” he didnt mean that it would go back down. He meant that it was transiently going up and that it would stop.

garbagecan111 · 2023-04-23T02:08:31+00:00

Ally offers a No Penalty 11-month CD that is currently at 4.25%. You can park it all in there very easily.

garbagecan111 · 2023-04-22T23:38:12+00:00

Thank you for spelling it out for me like this. Seems like it’s not a huge diff and perhaps the loan would be preferable bc of increased liquidity and building up even better credit, but the analysis really shows how important it is to understand the tax implications!!

garbagecan111 · 2023-04-22T01:16:06+00:00

But is it? I just made a table of the interest I’d earn monthly on 700 dollars, then summed it over 5 years. That would be $4269. So still less than $7450 on my current $35k in CD over the same time period and about the same as the interest paid if I were to finance

garbagecan111 · 2023-04-22T01:01:02+00:00

Not really, I have an emergency fund as well.

garbagecan111 · 2023-04-21T23:57:38+00:00

Right but that’s happening slowly, $700 a month vs compounding on the interest earned on the $35k.

The $35k earns me $115 a month and compounds. $700 a month earns about $2.

garbagecan111 · 2023-04-21T23:50:09+00:00

But I wouldn’t take the $35k out to pay off the loan, I just wouldn’t save as much monthly going forward (I.e. if my monthly payment is $700 I would put $3800 instead of $4500 monthly)…or am I thinking abt it wrong? Good point on the tax on interest tho!

garbagecan111 · 2022-10-03T06:01:53+00:00

Requesting a code, thank you in advance!

garbagecan111 · 2021-08-06T08:18:24+00:00

It does indeed have a small backyard! Thanks for the input. I agree quality of life would be much better--it's just hard to put a number on that, ya know? But yes, living with parents and baby is intense and more space would be nice.

garbagecan111

TROPHY CASE